|01-27-2013 03:36 PM|
Its this fact that tends to make it appear that the value is higher second hand is that there are fewer available on the second hand market.
A loaded fiesta costs around $21k on the sticker, you could still get a decently equipped Focus for that new, and a lot of people and companies did just that.
|01-27-2013 03:31 PM|
|01-27-2013 02:50 PM|
|01-26-2013 05:03 PM|
|josephd||Out of curiosity, I built a nicely equipped 2013 SE Sedan with a 5-speed. And the car ended up costing 17,400. And the Same car only an S was 15,600. Me personally would buy the Focus over the Fiesta. But it is a much more expensive car over the two.|
|01-26-2013 04:11 PM|
I'd bet THAT has more to do with resale values than anything else!
|01-26-2013 02:39 PM|
[QUOTE=Kevastator;4556483]So, just cruising craigslist and other ad sites, I have noticed a trend of used Fiestas holding value better than focuses?!?
I don't think I've seen a Fiesta of any year (newest gen obvi) go for less than 14-15k, and I have seen MK3 Foci going for as low as 12-13K? Whats up with that? Is it because of the MPG difference?
how do you define trend? i doubt you have enough info to come to any meaningful conclusion.
|01-26-2013 01:34 PM|
|e30og||Always a car with more expensive options holds value less|
|01-26-2013 07:22 AM|
Rental/Lease cars seem to set the bottom prices - you can always seem to buy a 2 or 3 years old Enterprise car for $13k. So much resale seems to depend on this. The economy is so bad that many people are convinced that this is the best way to buy a car. If all you want is a box and 4 wheels, maybe. I think thats where the Fiesta buyers are - plus the Fiesta is cooler than most.
My buddy did that at the same time I bought my SEL - he got a 2008 Civic for $13k. He laughed a bit when I told him I bought a new Focus. OK, we'll see who keeps what longer. I chose a loaded car in black that was very advanced for its time ( picked my '12 up in June '11) and I will save in the long run as I don't have to replace the car for many years in the future.
|01-26-2013 03:49 AM|
Two words - fleet sales. I see lots of rental Focuses around as well as company car Focuses. So while that might be a great sales boost for Ford, it kills resale value for owners.
That's also part of the reason why certain companies like Honda have much better resale value on their cars - you're not going to be able to call up Hertz and rent a Civic or Accord (at least not anywhere I've lived).
|01-25-2013 02:01 PM|
At the local dealer, they discount new Foci much more than the Fiestas, also. Perhaps it is due to supply/demand. Even the ST is discounted ~1K from MSRP at this dealer (and they now have 3 on the lot).
I once wanted a Fiesta, but they look remarkably cheap (interior-only) to me now.
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